Brent Oil
UKOIL
1H
There is a falling wedge recognized, brent-oil wants a further active move for the certainty of breakout.
A falling wedge can be thought of as a price action indicator that can be used to predict an interruption of a downtrend once price breaks out to the the upside.
There is a probability of a bullish continuation to 60.4 on a breakout of the falling wedge.